Control and Evaluation in Human Resource Planning

question 37

Multiple Choice

Control and evaluation in human resource planning:

• A)monitors the effectiveness of human resource plans over time.
• B)closes the gap between the current and desired state of affairs.
• C)is a process of translating broad strategies into operational tasks.
• D)is the ratio of applicants to hires at each step of the selection process.
• E)projects how business needs will affect HR needs.

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Definitions:

Annual Rate of Appreciation

The rate at which an investment or real estate increases in value over a one-year period, expressed as a percentage.

Quarterly Compounded

Refers to the process of calculating and adding interest to the principal amount of an investment or loan on a quarterly basis.

Nominal Rate

The stated or advertised interest rate on a loan or investment, not accounting for any compounding of interest within that period.

Quarterly Compounded

Quarterly compounded means that interest is calculated and added to the principal sum every quarter (three months), leading to growth in the investment or loan amount.